will cdu catch up with pna?

PNA is now a $2B ASX listed company, whose major copper project Phu Kham is located in Loas, with a proved ore reserve 160MT Cu0.56%, Au0.25g/t, Ag2.1g/t; and the total resource of Phu Kham is 210MT Cu0.53%, Au0.24g/t, Ag2.1g/t, likely [email protected]%CuEq with Cu 0.25% cut-off.

CDU has a [email protected] measured and indicated resource, and [email protected] in total, with CuCoAu0.20% cut-off.

PhU Kham concentrates must be trucked more than 1000Km to the sea port, but Rocklands is close to rail-way and harbour.

CDU, the total shares on issue will be well below 200M shares, at current share price $3.25, CDU enjoys a market cap $650M, which is one third of PNA.